Problem 6. The following data were taken from T'boli Corporation as of 31 December 20B: Ordinary Share - Authorized to issue 10,000 shares at P100 par value per share. Issued 6,000 shares Subscribed Share Capital Subscription Receivable-Ordinary Share Premium 4,000 Accumulated Profits (Losses): Beginning Ending P1,000,000 600,000 100,000 50,000 P150,000 250,000 The only change in Accumulated Profits (Losses) is accounted for profit. Required: 1. Compute Book Value Per Share 2. Compute Basic Earnings Per Share
Problem 6. The following data were taken from T'boli Corporation as of 31 December 20B: Ordinary Share - Authorized to issue 10,000 shares at P100 par value per share. Issued 6,000 shares Subscribed Share Capital Subscription Receivable-Ordinary Share Premium 4,000 Accumulated Profits (Losses): Beginning Ending P1,000,000 600,000 100,000 50,000 P150,000 250,000 The only change in Accumulated Profits (Losses) is accounted for profit. Required: 1. Compute Book Value Per Share 2. Compute Basic Earnings Per Share
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter16: Retained Earnings And Earnings Per Share
Section: Chapter Questions
Problem 3RE
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